No St. Lawrence County businesses or organizations included in latest wave of ReCharge NY recipients
No St. Lawrence County businesses or organizations were included in the latest wave of ReCharge NY recipients, but the program does continue to provide allocations to 10 local entities.
The New York Power Authority Board of Trustees approved 24 low-cost power allocations to 19 businesses and two not-for-profit organizations under the ReCharge NY program that will support 10,568 jobs, including hiring for 782 new positions.While St. Lawrence County entities were not included in this particular round, several of the county’s largest employers do receive discount power through the program.
Those include Cives Steel Company, Gouverneur; Riverside, Gouverneur; R.T. Vanderbilt, Gouverneur; Corning, Canton; Clarkson University, Potsdam; Claxton Hepburn Medical Center, Ogdensburg; St. Lawrence NYSARC, Canton; Potsdam Specialty Papers; St. Lawrence University, Canton; and Potters Industries, Potsdam.
Those businesses receive a total discounted power allocation of about 8.2 megawatts, in return for committing to retaining about 2,440 jobs.
According a release issued by state officials, the board also approved low-cost hydropower allocations that will support an additional 150 new jobs.
The ReCharge NY power allocations, are expected to spur more than $727 million in new capital investment. The 24.47 megawatts of low-cost power under the latest ReCharge NY allocations will be distributed among enterprises from Long Island to Western New York. Enterprises in the Capital District, Central New York, the Finger Lakes, Long Island, Mid-Hudson, Mohawk Valley, New York City, the Southern Tier and Western New York are recipients.
Sen. Joseph Griffo, Chair of the Senate Committee on Energy and Telecommunications, said, "When we talk about economic growth in New York State, one of the biggest challenges for businesses to confront is the high cost of energy. But by providing low-cost power to companies, manufacturers and not-for-profits that are willing to commit and expand their operations in New York, the ReCharge NY program is helping to encourage greater investments and job creation in communities all across our state."
Griffo represents portions of St. Lawrence County as well as the Mohawk Valley.
Some recipients include: CEA Capital Holdings in Cicero (Onondaga County), NYU Winthrop Hospital in Mineola (Nassau County), DB USA Core Corporation in New York City, and Corning Incorporated in Big Flats (Chemung County).